Building tax online payment

There are many of us who confuse building tax with property tax. But there is a significant difference between the two. As per the Kerala Building Tax Act 1975, Building Tax is a one time tax applicable for all buildings which are constructed on or after 1st April, 1973. A Luxury Tax of Rs 4000 is also imposed yearly on the buildings constructed on or after 1st April, 1987 with a plinth area of 278.7 square meter or more. This luxury tax is in addition to the one time building tax. In this answer I will cover how to pay building tax online in Kerala. In Kerala, you can make online payment of Building Tax using Sanchaya online services. Using this service you can pay your building tax, rent, professional tax, and license fee without visiting offices physically. All you need is a computer/ laptop/ smartphone with internet connection. Following are the steps you will need to follow to pay your Building Tax using SANCHAYA ONLINE SERVICES: • Visit the site on the given link: • Select ‘Login for Online Payment’. Fill your Username and Password if you already have an account. Otherwise create an account with Sanchaya as a first time user. • Select ‘New User Registration’ which will be followed by the form. Fill all the required fields and captcha code and then submit the form. • A registration confirmation code will be sent to your email ID. Click ‘Confirm Registration Link’. • A new form will display to accept your Registration Code. Enter your Registration Code, Captcha Code an...

As property owners, you need to be acutely conscious of the expenses that you have to bear, as an asset owner. Apart from paying tax on holding this income-generating asset under the income tax (IT) laws, you are also liable to pay an annual property tax for the same. However, the treatment of land and building is different on both these counts. In this article, explained are the various less-known aspects of building tax. Table of Contents • • • • • • • • • • • • • • • • • • Are building tax, property tax and house tax the same? The terms property tax, house tax and building tax may all mean the same thing but in India their usage is quite different. While property tax is the common name for the annual tax that the owner has to pay to the local authority, based on its annual rental value, the term house tax (this single term is widely used in the IT texts in India, also defined under the head ‘Income tax on house property’) is used to denote the deductions in your annual income, because of your property ownership and the estimated profits you might be earning through this income-generating asset. This estimated income is added to your annual income and then, tax is deducted on the whole amount according to the tax bracket you fall under. While this usage is not common in India, building tax is also known as mileage tax in some nations. See also: How to calculate building tax Based on various factors, municipal bodies assign an annual value to buildings to impose building ...